_china-aims-to-boost-yuan39s-international-use-to-counter-potential-western-sanctions.jpg "China Aims to Boost Yuan's International Use to Counter Potential Western Sanctions from non financial rewards list Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 150K times
✓ Published: 31-May-2024
👁 View: 150K times
✓ Published: 31-May-2024
Description:
China is pushing for more international use of the yuan to reduce the impact of potential Western sanctions, such as in a military conflict over Taiwan. Expanding yuan use in trade is less challenging than making it a major global reserve currency, according to a researcher. Countries are diversifying from dollars due to fears of being cut off from the financial system by sanctions like Russia. A lack of yuan-denominated risk-free assets closed capital markets, and a preference for one-man rule hindered the yuan's replacement for dollars. A recent global survey found little interest in yuan use for trade due to a lack of trading partner acceptance.
China is pushing for more international use of the yuan to reduce the impact of potential Western sanctions, such as in a military conflict over Taiwan. Expanding yuan use in trade is less challenging than making it a major global reserve currency, according to a researcher. Countries are diversifying from dollars due to fears of being cut off from the financial system by sanctions like Russia. A lack of yuan-denominated risk-free assets closed capital markets, and a preference for one-man rule hindered the yuan's replacement for dollars. A recent global survey found little interest in yuan use for trade due to a lack of trading partner acceptance.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_dumanjug-mayor-to-reward-p200k-to-one-who-can-identify-the-killer-of-the-livestock-trader.webp "President Ferdinand Marcos Jr. appoints Lapu-Lapu City Mayor Junard Chan as the new chairman of the Regional Peace and Order Council.<br/>The mayor of Dumanjug offers a P200,000 reward to the one who can identify the killer of his resident livestock trader in Barangay Mantalungon, Barili town.<br/>BIGAYAN 2024 (Bigas at Bayan)\")
⏲ 57:8 👁 8.7M
_trump39s-fundraising-surges-to-36140-million-in-may-fueled-by-guilty-verdict-support.webp "Donald Trump's campaign and the Republican National Committee reported raising over $140 million in May compared to over $70 million in April. A significant portion of this amount comes in the aftermath of Trump's guilty verdict in his criminal hush money trial, with donations averaging approximately $70 each. Over 37% of the funds were raised online within 24 hours of the verdict, with a notable portion from new donors. Trump's campaign sees the fundraising as a sign of support amid perceptions of an unfair trial. The Biden campaign criticizes Trump's financial support as being driven by wealthy benefactors who profit from his policies.")
_ayalaan-hd-dubbed---sivakarthikeyan.webp "Ayalaan Full Movie Hindi Dubbed Full Action Movie 2024 | Sivakarthikeyan New South Indian Movie.<br/>Tamil cinema and science fiction films have always been a success story. Director R Ravikumar was a path-breaking director in this genre who made a promising debut with 'Indru Netru Naalai'. Now, he is back with his second film 'Ayalaan' starring Sivakarthikeyan. After a lot of production and financial struggles, this alien flick landed on the big screens today. This movie is aimed to entertain the kids and families.")
_kadak-singh---suspense-thriller-movie---pankaj-tripathi-parvathy-thiruvothu-sanjana-sanghi.webp "Movie Story: AK Srivastava an officer of the Department of Financial Crimes is diagnosed with retrograde amnesia despite which he solves the case of a Chit Fund Scam by listening to different perspectives of who he was and how he came to the hospital.")
⏲ 2:8:13 👁 450K
_barstool-sports-founder-dave-portnoy-blasts-etrade-amid-roaring-kitty-ban-considerations-accuses-platform-of-wanting-39t.webp "Barstool Sports Founder Dave Portnoy launched a scathing attack on brokerage firm E*Trade in response to news that they are considering banning retail trader Keith Gill, aka \")
_bunbury-small-businesses-hit-hard-by-weekend-storm-community-rallies-as-they-await-government-aid.webp "Small businesses in Bunbury were severely impacted by a storm that struck over the weekend. In response, the local South West community has come together to support the affected businesses as they assess the damage and financial losses incurred. These businesses are currently in a state of uncertainty, waiting to see if the state government will step in to provide any financial assistance to help them recover from the devastation.")
⏲ 1:46 👁 115K
_lack-of-investment-making-tenby-harbour-an-39eyesore39-labelled-criminal-by-county-councillor.webp "A lack of investment by Pembrokeshire County Council towards maintaining Tenby’s harbour has been labelled ‘criminal’ by one of the seaside town’s county councillors - leading to parts of the ‘picturesque’ area becoming an ‘eyesore’.<br/>In taking aim at the Local Authority’s lack of ongoing TLC for the harbour, county councillor for Tenby’s North Ward Cllr Michael Williams has sent correspondence to PCC’s streetcare manager Marc Owen calling once again for urgent improvements to the area.<br/>Cllr Williams has long called for work to be carried out, especially to some of the historic arches and garages along Penniless Cove Hill that lead all the way down.<br/>“When will the eyesores of these arches be addressed? They now are an awful blot on the harbour and need urgent attention,” stated Cllr Williams, who also called for the ‘rundown’ looking shelters in the gardens above to be removed.<br/>Some years ago, Tenby Civic Society expressed concern at the condition and appearance of the doors in some of the arches, stating that they were ‘clearly ripe’ for an upgrading project.<br/>“Tenby harbour has totally lacked any real capital investment for many years, and yet we see a continuing rise in fees for users,” continued Cllr Williams.<br/>“I have asked Officers and the Cabinet Member to look again at installing a usable gate on the sluice. Currently it is a waste of space, and if an access is provided could be a catalyst for a major improvement offering safety to vessels in bad weather and an ideal mooring for visiting yachts.”<br/>Works to make the sluice more 'user-friendly' were given the thumbs up by town councillors prior to Covid, with members told of an application from PCC for the replacement of stop logs with sluice control, which would ‘protect and enhance’ the area, as improving the amenity of the harbour.<br/>However, £128,000 of funding from Welsh Government earmarked to carry out improvements seemingly slipped through the net, and the plans never came to fruition.<br/>A recent meeting of Tenby Harbour User's Association, hinted that such plans could be revisited, and that the organisation would provide PCC with all relevant paperwork to start the process of looking for new sources of funding to pursue.<br/>“This harbour is a listed building and deserves enhancement from an aesthetic and financial point of view. It should be noted that the failure maintain a listed building is a criminal offence,” added Cllr Williams.<br/>")
⏲ 0:41 👁 450K
_china-aims-to-boost-yuan39s-international-use-to-counter-potential-western-sanctions.webp "China is pushing for more international use of the yuan to reduce the impact of potential Western sanctions, such as in a military conflict over Taiwan. Expanding yuan use in trade is less challenging than making it a major global reserve currency, according to a researcher. Countries are diversifying from dollars due to fears of being cut off from the financial system by sanctions like Russia. A lack of yuan-denominated risk-free assets closed capital markets, and a preference for one-man rule hindered the yuan's replacement for dollars. A recent global survey found little interest in yuan use for trade due to a lack of trading partner acceptance.")
_dumanjug-mayor-to-reward-p200k-to-one-who-can-identify-the-killer-of-the-livestock-trader.jpg)
_trump39s-fundraising-surges-to-36140-million-in-may-fueled-by-guilty-verdict-support.jpg)
_ayalaan-hd-dubbed---sivakarthikeyan.jpg)
_kadak-singh---suspense-thriller-movie---pankaj-tripathi-parvathy-thiruvothu-sanjana-sanghi.jpg)
_barstool-sports-founder-dave-portnoy-blasts-etrade-amid-roaring-kitty-ban-considerations-accuses-platform-of-wanting-39t.jpg)
_bunbury-small-businesses-hit-hard-by-weekend-storm-community-rallies-as-they-await-government-aid.jpg)
_lack-of-investment-making-tenby-harbour-an-39eyesore39-labelled-criminal-by-county-councillor.jpg)
![[+]](/images/menu.gif){kind=small}